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1647 NE Market Dr, Fairview, OR 97024

$750,000

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Property Description

Fully leased and ready to go - this mixed-use property delivers steady cash flow with minimal effort. The ground-floor retail storefront is occupied by a florist, complemented by two desirable residential rentals (3-bedroom + 1-bedroom). Prime location near shops, dining, parks, and easy freeway access ensures long-term demand from both residential and commercial tenants. Tenants enjoy a convenient Fairview location close to downtown amenities and just minutes from I-84. A true turnkey opportunity with a strong rental history and built-in stability.

1647 NE Market Dr | MLS# 237148307

This multi-family property located at 1647 NE Market Dr, Fairview, OR 97024 is currently listed for sale with an asking price of $750,000. Search Fairview real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: Central Air
Fuel Type: Electricity, Gas
Heating: Forced Air, WallHeater
Roof Type: Composition
Stories: 3.0
Taxes: $10,476
Year Built: 2005
Square Feet: 4,353

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: AirConditioning, Dishwasher, Microwave, WasherDryer
Rent: $1450.00
Square Footage: 837
Total Units: 1
Unit Type 2:
Bathroom(s): 3
Bedrooms: 3
Features: AirConditioning, Dishwasher, Microwave, WasherDryer
Rent: $2959.00
Square Footage: 2268
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Features: AirConditioning, Storage
Rent: $2100.00
Square Footage: 1248
Total Units: 1

Feature Descriptions

Days on Site: 13
Exterior: Brick, Cement Siding
Gross Income: $71744.00 (Actual)
Hot Water: Tank
Net Income: $51197.00 (Actual)
Operating Expenses: $20547.00 (Actual)
Parking: Assigned, Garage
Parking Notes: Assigned, Garage
Sewer: Public Sewer
Storage: Garage
Units: 3
Water: Public Water

Local Schools

High School: Reynolds
Middle School: Walt Morey
Elementary School: Woodland

Listed By / Shown By

Listed By

Agency Name: Think Commercial LLC
Agency Phone: 503-679-9243

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 4,884.16 per month $3,792.41 Principal & Interest $873.00 Property Tax $218.75 Homeowner's Insurance

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